Glenn, Prather & Company has roots back to 1978 when native Midlander Mary Glenn, CPA, began working with small business owners. Over the years, her passion for small business has helped hundreds of business owners grow and develop their companies. Today, GPC offices in Midland and Austin provide small business owners with solutions in the areas of strategic planning, accounting, taxation and much more.
Our mission is to help clients maintain financial viability in the present, while taking a proactive approach to achieve future goals. This requires open communication to reach an understanding of our clients' needs through research and analysis. Glenn, Prather & Company is dedicated to meeting these goals with high standards of excellence and professionalism.
Our mission is to help clients maintain financial viability in the present, while taking a proactive approach to achieve future goals. This requires open communication to reach an understanding of our clients' needs through research and analysis. Glenn, Prather & Company is dedicated to meeting these goals with high standards of excellence and professionalism.
Services
Glenn, Prather & Company provides a wide range of services to individuals and businesses in a variety of industries. At Glenn, Prather & Company, we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment.
Have you just started a new business? Did you know expenses incurred before a business begins operations are not allowed as current deductions? Generally, these start up costs must be amortized over a period of 180 months beginning in the month in which the business begins. However, based on the current tax provisions, you may elect to deduct up to $5,000 of business start-up and $5,000 of organizational costs paid or incurred.
Following are some generally recognized financial planning tools that may help you reduce your tax bill. Charitable Giving - Instead of selling your appreciated long-term securities, donate the stock instead and avoid paying tax on the unrealized gain while still getting a charitable tax deduction for the full fair market value.
It's possible there could be additional extensions, so check with your tax advisor for the latest information. Individuals must pay the third installment of 2021 estimated taxes, if not paying income tax through withholding (Form 1040-ES). Calendar-year corporations need to pay the third installment of 2021 estimated income taxes.
These calculators have been provided as a resource for you to help plan your financial matters. Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice, or supplement the advice of a professional advisor.
Reviews (1)
Joy Rosen-Mioduchowski
Aug 04, 2018
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I called Glenn Prather and company on a recommendation from a friend. I also filled out a form on their website over the weekend. Chris K. from the Austin office called me Monday afternoon. He immediately understood the complicated and urgent tax problem after my first phone explanation. Within 24 hours he again responded with a reassuring and helpful written professional explanation. This is the kind of superb professionalism, knowledge, and helpfulness that we should all aspire to. Extremely understanding and helpful!
